Sea Limited Sponsored ADR (SE) Stock Moves -0.79%: What You Should Know

In the latest trading session, Sea Limited Sponsored ADR (SE) closed at $129.27, marking a -0.79% move from the previous day. The stock's change was more than the S&P 500's daily loss of 1.12%. On the other hand, the Dow registered a loss of 0.31%, and the technology-centric Nasdaq decreased by 2.04%.Shares of the company witnessed a gain of 5.15% over the previous month, beating the performance of the Computer and Technology sector with its loss of 4.05% and the S&P 500's loss of 2.91%.The investment community will be closely monitoring the performance of Sea Limited Sponsored ADR in its forthcoming earnings report. The company is expected to report EPS of $0.93, up 342.86% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $4.98 billion, reflecting a 31.45% rise from the equivalent quarter last year.For the full year, the Zacks Consensus Estimates are projecting earnings of $4.17 per share and revenue of $22.15 billion, which would represent changes of +148.21% and +30.76%, respectively, from the prior year.It is also important to note the recent changes to analyst estimates for Sea Limited Sponsored ADR. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 2.7% increase. Sea Limited Sponsored ADR is currently a Zacks Rank #3 (Hold).With respect to valuation, Sea Limited Sponsored ADR is currently being traded at a Forward P/E ratio of 31.27. This represents a premium compared to its industry's average Forward P/E of 27.97.The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 78, placing it within the top 32% of over 250 industries.The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Sea Limited Sponsored ADR (SE): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks